Estimating AWS costs is crucial for effective budget planning, cost optimization, and decision-making. By getting an estimate of the costs associated with running your AWS resources, you can allocate your budget wisely, identify areas for cost optimization, compare different resource configurations, forecast future expenses, and make informed decisions. These estimates provide valuable insights into the …
Understanding your business’ unit economics, including the cost of specific features, products, and customers, is crucial to making informed decisions that can drive profitability. For SaaS companies, there are several key unit economic metrics to monitor in order to identify opportunities and plan for the future. Metrics required for cloud cost analysis The first …
As businesses increasingly turn to cloud computing, there is a growing need for solutions that can automatically scale resources up or down based on demand. Amazon Web Services (AWS) offers two popular services for this purpose: Amazon EC2 Auto Scaling and AWS AutoScaling. While both services offer similar functionality, there are key differences between them …
Comparison of Amazon EC2 Auto Scaling & AWS Auto Scaling Read More »
AWS cost allocation tags can be a powerful tool for organizations looking to better manage and understand their AWS costs. Users can assign metadata to resources, making it easier to track costs. Whether you are just getting started with AWS or are looking to optimize your AWS cost management practices, understanding cost allocation tags can …
Containerization has revolutionized software development and deployment, allowing organizations to build, test, and deploy applications faster and more efficiently. However, as the number of containers grows, managing and scaling them becomes increasingly challenging. Container orchestration is the process of managing and automating the deployment, scaling, and operation of containerized applications. In this article, we will …
COGS is a reflection of how much money you spend on the goods or services your customers buy. It describes the direct expenses required in creating and maintaining subscription-based software services at a software-as-a-service (SaaS) business. Anyone who has ever used any cloud services can confirm that the cost of cloud computing can become one …
How to reduce COGS with AWS Cloud cost optimization Read More »
Cloud computing has revolutionized the way businesses operate. It offers flexible, scalable, and cost-effective IT solutions. However, as businesses move their operations to the cloud, they need to pay close attention to their cost of goods sold (COGS). This metric is required to make sure they are achieving maximum profitability. COGS represents the direct costs …
COGS at Cloud Computing: Why It Matters for Businesses Read More »
In today’s fast-paced and competitive business world, lots of organizations are constantly looking for ways to improve their operations along with mastering AWS cost optimization. One approach has merged these goals and gained significant popularity in recent years, it is FinOps. In this article, we’ll take a closer look at what FinOps is, and 5 …
What is FinOps: 5 facts that help you to understand it Read More »
Elastic Compute Cloud is a cloud computing service provided by Amazon Web Services (AWS) that offers users the ability to rent virtual machines in the cloud via the scalable computing service known as EC2. EC2 instances are virtual servers that provide users with various computing resources such as CPU, memory, and storage. These instances can …
Choosing appropriate EC2 Instances: cheat sheet for beginners Read More »
Cloud computing has revolutionized the IT industry, offering unmatched scalability, flexibility, and cost-effectiveness. So why is cloud cost optimization still important these days? The reason is that cloud services are usually more affordable than on-premises solutions. Sometimes it leads to less attention being paid to accounting, which causes the bills to quickly spiral out of …
Main considerations for efficient cost optimization tool Read More »